← BILL Holdings, Inc.
| Annual Trend | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $64.9m | $108.4m | $157.6m | $238.3m | $642.0m | $1.1b | $1.3b | $1.5b | |
| Cost of Revenue | $19.4m | $29.9m | $39.1m | $61.8m | $145.0m | $194.0m | $234.6m | $272.1m | |
| Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization | — | — | $37.0m | $56.6m | $105.5m | $151.0m | $189.9m | $229.8m | |
| Reconciled Cost Of Revenue | — | — | — | — | $103.1m | $146.8m | $180.5m | $215.3m | |
| Total cost of revenue | $19.4m | $29.9m | $39.1m | $61.8m | $145.0m | $194.0m | $234.6m | $272.1m | |
| Gross Profit | $45.5m | $78.4m | $118.5m | $176.5m | $497.0m | $864.5m | $1.1b | $1.2b | |
| Research and development | $18.0m | $28.9m | $53.4m | $90.2m | $219.8m | $314.6m | $336.8m | $340.1m | |
| Operating Expenses | $53.3m | $88.2m | $152.7m | $290.4m | $813.8m | $1.2b | $1.2b | $1.3b | |
| Total operating expenses | $53.3m | $88.2m | $152.7m | $290.4m | $813.8m | $1.2b | $1.2b | $1.3b | |
| Operating Income (Loss) | ($7.8m) | ($9.8m) | ($34.2m) | ($114.0m) | ($316.8m) | ($295.8m) | ($174.2m) | ($80.6m) | |
| Additional Financial Items | |||||||||
| Amortization of Intangible Assets | — | — | — | $5.7m | $76.0m | $80.2m | $80.0m | $61.9m | |
| Capitalized Computer Software, Amortization | — | — | — | — | $2.4m | $4.2m | $9.4m | $14.5m | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | — | — | ($31.0m) | ($139.3m) | ($304.5m) | ($199.5m) | $5.3m | ($43.6m) | |
| Investment Income, Interest | — | — | $4.1m | $3.0m | $6.7m | $91.3m | $122.3m | $90.9m | |
| Depreciation and amortization | — | — | $2.1m | $5.2m | $39.5m | $43.0m | $49.1m | $32.6m | |
| Sales and marketing | $19.3m | $30.1m | $45.4m | $71.4m | $307.2m | $515.9m | $478.5m | $543.7m | |
| General and administrative | $16.0m | $29.2m | $53.9m | $128.8m | $241.2m | $281.3m | $277.7m | $281.9m | |
| Provision for expected credit losses | — | — | — | — | $20.1m | $32.2m | $60.1m | $72.7m | |
| Restructuring | — | — | — | — | $0 | $0 | $27.6m | $0 | |
| Other income, net | $632k | $2.3m | $3.2m | ($25.4m) | ($13.9m) | $72.9m | $147.8m | $111.0m | |
| Income (loss) before provision for income taxes | ($7.2m) | ($7.5m) | ($31.0m) | ($139.3m) | ($330.7m) | ($222.9m) | ($26.3m) | $30.4m | |
| Provision for income taxes | $10k | ($156k) | $53k | ($40.6m) | ($4.3m) | $808k | $2.6m | $6.6m | |
| Basic (shares) | — | — | $44.1m | $82.8m | $101.8m | $106.0m | $106.1m | $103.6m | |
| Amortization | — | — | — | — | $45.6m | $48.5m | — | — | |
| Amortization Of Intangibles Income Statement | — | — | — | — | $45.6m | $48.5m | — | — | |
| Depreciation Amortization Depletion Income Statement | — | — | — | — | $45.6m | $48.5m | $49.1m | $32.6m | |
| Depreciation And Amortization In Income Statement | — | — | — | — | $45.6m | $48.5m | $49.1m | $32.6m | |
| Diluted EPS | — | — | — | — | ($3.23) | ($2.11) | ($0.27) | $0.23 | |
| Diluted NI Availto Com Stockholders | ($7.2m) | ($7.3m) | ($31.1m) | ($98.7m) | ($326.4m) | ($223.7m) | ($28.9m) | $23.8m | |
| Interest Income | — | — | $4.1m | $3.0m | $6.7m | $91.3m | $122.3m | $90.9m | |
| Interest Income Non Operating | — | — | $4.1m | $3.0m | $6.7m | $91.3m | $122.3m | $90.9m | |
| Net Income From Continuing And Discontinued Operation | ($7.2m) | ($7.3m) | ($31.1m) | ($98.7m) | ($326.4m) | ($223.7m) | ($28.9m) | $23.8m | |
| Net Income From Continuing Operation Net Minority Interest | ($7.2m) | ($7.3m) | ($31.1m) | ($98.7m) | ($326.4m) | ($223.7m) | ($28.9m) | $23.8m | |
| Net Interest Income | — | — | — | — | ($2.7m) | $76.1m | $103.1m | $72.3m | |
| Normalized EBITDA | — | — | — | — | ($233.8m) | ($119.0m) | $72.1m | $93.1m | |
| Normalized Income | — | — | — | — | ($326.4m) | ($223.7m) | ($42.8m) | ($7.9m) | |
| Other Gand A | — | — | — | — | $221.0m | $249.1m | $277.7m | $281.9m | |
| Other Special Charges | — | — | — | — | — | — | ($45.3m) | ($40.5m) | |
| Provision For Doubtful Accounts | — | — | — | — | $20.1m | $32.2m | $60.1m | $72.7m | |
| Reconciled Depreciation | — | — | — | — | $87.5m | $95.7m | $103.2m | $89.4m | |
| Restructuring And Mergern Acquisition | — | — | — | — | $0 | $0 | $27.6m | $0 | |
| Selling General And Administration | — | — | — | — | $528.2m | $764.9m | $756.2m | $825.6m | |
| Special Income Charges | — | — | — | — | $0 | $0 | $17.7m | $40.5m | |
| Tax Effect Of Unusual Items | — | — | — | — | $0 | $0 | $3.7m | $8.8m | |
| Tax Provision | $10k | ($156k) | $53k | ($40.6m) | ($4.3m) | $808k | $2.6m | $6.6m | |
| Tax Rate For Calcs | — | — | — | — | $0 | $0 | $0 | $0 | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | ($7.2m) | ($7.5m) | ($31.0m) | ($139.3m) | ($330.7m) | ($222.9m) | ($26.3m) | $30.4m | |
| Total Unusual Items | — | — | — | — | $0 | $0 | $17.7m | $40.5m | |
| Total Unusual Items Excluding Goodwill | — | — | — | — | $0 | $0 | $17.7m | $40.5m | |
| Pre-Tax Income | ($7.2m) | ($7.5m) | ($31.0m) | ($139.3m) | ($330.7m) | ($222.9m) | ($26.3m) | $30.4m | |
| Net Income Continuous Operations | ($7.2m) | ($7.3m) | ($31.1m) | ($98.7m) | ($326.4m) | ($223.7m) | ($28.9m) | $23.8m | |
| Net Income (Loss) Attributable to Parent | ($7.2m) | ($7.3m) | ($31.1m) | ($98.7m) | ($326.4m) | ($223.7m) | ($28.9m) | $23.8m | |
| Net Income Including Noncontrolling Interests | ($7.2m) | ($7.3m) | ($31.1m) | ($98.7m) | ($326.4m) | ($223.7m) | ($28.9m) | $23.8m | |
| Earnings Per Share, Basic | — | — | ($0.70) | ($1.19) | ($3.21) | ($2.11) | ($0.27) | $0.23 | |
| Earnings Per Share, Diluted | ($1.01) | ($0.94) | ($0.70) | ($1.19) | ($3.21) | ($2.11) | ($0.27) | ($0.07) | |
| Weighted Average Number of Shares Outstanding, Basic | — | — | 44.1m | 82.8m | 101.8m | 106.0m | 106.1m | 103.6m | |
| Basic Average Shares | — | — | — | — | $101.2m | $106.0m | $106.1m | $103.6m | |
| Diluted Average Shares | — | — | — | — | $101.2m | $106.0m | $106.1m | $103.9m | |
| Weighted Average Number of Shares Outstanding, Diluted | — | — | — | — | 101.8m | 106.0m | 106.1m | 103.9m | |
| Other income (expense): | |||||||||
| Research and Development Expense | $18.0m | $28.9m | $53.4m | $90.2m | $219.8m | $314.6m | $336.8m | $340.1m | |
| General and Administrative Expense | $16.0m | $29.2m | $53.9m | $128.8m | $241.2m | $281.3m | $277.7m | $281.9m | |
| Selling and Marketing Expense | $19.3m | $30.1m | $45.4m | $71.4m | $307.2m | $515.9m | $478.5m | $543.7m | |
| Other Nonoperating Income (Expense) | — | — | $14k | ($25.4m) | ($13.9m) | $72.9m | $147.8m | $111.0m | |
| Cost, Depreciation and Amortization | — | — | — | — | $39.5m | $43.0m | $44.7m | $42.3m | |
| Operating Lease, Expense | — | — | $5.3m | $10.0m | $15.2m | $15.7m | $14.8m | $14.2m | |
| Share-based Payment Arrangement, Expensed and Capitalized, Amount | — | — | — | — | $201.6m | $322.8m | $256.8m | $256.4m | |
| Service costs | — | — | $37.0m | $56.6m | $105.5m | $151.0m | $189.9m | $229.8m | |
| Interest Expense (non-operating) | — | — | — | — | $9.4m | $8.2m | $19.2m | $13.8m | |
| Interest Expense | — | — | $229k | $28.2m | $9.4m | $15.2m | $12.9m | $13.8m | |
| Current Income Tax Expense (Benefit) | — | — | $53k | — | ($247k) | $2.2m | $2.9m | $6.7m | |
| Net Non Operating Interest Income Expense | — | — | — | — | ($2.7m) | $76.1m | $103.1m | $72.3m | |
| Operating Expense | — | — | — | — | $813.8m | $1.2b | $1.2b | $1.3b | |
| Other Non Operating Income Expenses | — | — | — | — | ($11.1m) | ($3.2m) | ($543k) | ($1.9m) | |
| Nonoperating Income (Expense) | $632k | $2.3m | $3.2m | ($25.4m) | ($13.9m) | $72.9m | $147.8m | $111.0m | |
| Interest Income (Expense), Net | — | — | — | — | — | — | — | ($13.8m) | |
| Income Tax Expense (Benefit) | $10k | ($156k) | $53k | ($40.6m) | ($4.3m) | $808k | $2.6m | $6.6m | |
| Total Expenses | — | — | — | — | $958.8m | $1.4b | $1.4b | $1.5b | |
| Total Other Finance Cost | — | — | — | — | — | $7.0m | $6.2m | $4.7m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.